Emerging world cities
protests which can arise from the forcible or compulsory land acquisition method The land pooling concept helps unlock previously fragmented land holdings and free up additional land which, in semi-urban and urban fringe areas, can be effectively utilised for creating affordable, low-cost housing It also allows for creation of newer centres for commercial growth, thus helping to create employment opportunities
Mumbai, Delhi and Bengaluru – all tier- I cities of India – are ranked 4, 14 and 18 among most globalised emerging cities, according to JLL’s new report titled Globalisation and Competition: The New World of Cities.
The report reveals interesting information about how emerging world cities are integrating into the global economy; have become centres of demand-supply; the new world order of cities and how leading Indian cities stack up in all of these indices.
Emerging world cities’ are the business capitals of large domestic economies and experience many of the scale, governance and implementation challenges of more established regions. Often supported actively by their national governments, they are in a process of economic adjustment and urban and metropolitan restructuring to optimise the benefits of global engagement.
Between now and 2030, disposable incomes in Shanghai and Beijing are set to rise by over US$350 billion – more than in London and Tokyo – while consumer spending may increase by more than US$250 billion. Outside China, centres such as Jakarta, Istanbul and Mumbai are also seeing an urban consumer demand surge. This growth has big implications for the growth of the retail sector, and for the demand and supply of different kinds of space in these cities. Emerging cities such as Bengaluru, Warsaw, Santiago, Shenzhen, Guangzhou, Colombo and Chengdu have attractive business environments, extensive development opportunities and comparatively welleducated populations. The ninth International Fire and Security Exhibition and Conference (IFSEC) India Expo 2015 was recently held in the Capital. The exhibition showcased security solutions for homes, city surveillance, safety of women and senior citizens, smart and safe cities and transit safety.
Inaugurated by deputy chief minister of Delhi, Manish Sisodia, the exhibition had companies showcasing products such as CCTVs, equipment for biometrics, integrated systems, access control, cyber security, fire detection systems, intruder alarms and fire alarms.
Panel discussions were held on the theme of safe cities and included sessions such as safe technologies to better prepare cities during disasters, emergency response in real time, smart ways of ensuring security in public transport etc.
Yogesh Mudras, managing director, UBM India, said, “Today, industrial, commercial and residential establishments require security and surveillance solutions that need to be constantly updated.”
Over 300 companies from 20 countries participated in the event. These included Aditya, Autocop, Dahua, Enter, Hi-Focus, Hikvision, Lookman, Secureye, Godrej Security Solutions, Honeywell, Infinova, Keeper, Messung, Panasonic, Starex Global and Wavesight among others. Supertech Limited has launched a sports-centric development titled Sports Village, in Knowledge Park, Greater Noida (West). For the purpose, the developer has partnered with Indian sports stars to open academies within the premises of the project. The academies will be professionally run under their supervision. The tennis academy will be run by Sania Mirza, the cricket academy by Shikhar Dhawan, the golf academy by Jyoti Randhawa, the badminton academy by Pullela Gopichand and the shooting academy by Gagan Narang. The project will be spread across 175 acres.
While 70% of the township will be dedicated to sports activities as per the UP government’s sports cities policy, 30% of the project will comprise 2BHK to 4BHK units apart from 500 independent villas that will be designed by architect Hafeez Contractor.
While the apartments will be priced ₹ 22 lakh onwards, a villa will cost ₹ 86 lakh.
“The objective behind partnering with the best names in the field of sports is to promote sports in the area. These academies will give an opportunity to people to excel in the sports of their interest,” says Mohit Arora, managing director, Supertech Limited.